Investment analysts at Keefe, Bruyette & Woods assumed coverage on shares of CBTX (NASDAQ:CBTX) in a note issued to investors on Monday. The firm set a “market perform” rating on the stock.

Shares of CBTX (NASDAQ CBTX) opened at $28.76 on Monday. CBTX has a one year low of $27.20 and a one year high of $29.84. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.02.

In other news, EVP Tracy Oneil purchased 2,000 shares of the company’s stock in a transaction dated Tuesday, November 7th. The stock was acquired at an average price of $26.00 per share, with a total value of $52,000.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, Vice Chairman J Pat Parsons purchased 1,387 shares of the company’s stock in a transaction dated Tuesday, November 7th. The stock was purchased at an average cost of $26.00 per share, with a total value of $36,062.00. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 9,887 shares of company stock valued at $257,062.

TRADEMARK VIOLATION NOTICE: “Keefe, Bruyette & Woods Initiates Coverage on CBTX (CBTX)” was originally posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this article on another publication, it was illegally stolen and republished in violation of United States and international copyright and trademark legislation. The correct version of this article can be read at https://theolympiareport.com/2017/12/06/keefe-bruyette-woods-initiates-coverage-on-cbtx-cbtx.html.

CBTX Company Profile

CBTX, Inc, formerly CBFH, Inc, is a bank holding company. Through its subsidiary, CommunityBank of Texas N.A., in Houston and Beaumont, Texas, the Bank is focused on providing commercial banking solutions to local small and mid-sized businesses and professionals in its markets. The Bank operates 18 branches located in the Houston market and its Beaumont market presence includes 16 branches.

Receive News & Ratings for CBTX Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CBTX Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.